Market Overview: AC Milan Fan Token (ACMUSDT) 24-Hour Technical Summary

Summary
• ACMUSDT traded in a range between 0.809 and 0.843 with a bullish close near the session high.
• Momentum strengthened in the overnight hours, with RSI trending toward overbought territory.
• Volume spiked during the 05:00–07:30 ET window, confirming the upward move.
• Bollinger Bands show moderate volatility, with price near the upper band in the final hours.
• A bullish engulfing pattern formed near 0.81–0.82, followed by a retest and breakout in the morning.

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The AC Milan Fan Token (ACMUSDT) opened at 0.817 on 2025-07-17 at 12:00 ET, surged to a high of 0.843, and closed at 0.838 on 2025-07-18 at 12:00 ET. The 24-hour volume totaled 328,993.9 and notional turnover reached $269,577.4 (based on 15-min OHLCV). Price action and volume suggest a potential consolidation after a strong bullish move.

Structure & Formations

ACMUSDT displayed a bullish engulfing pattern around 0.81–0.82, followed by a retest and breakout to the upside. Key support levels formed at 0.81, 0.809, and 0.815, while resistance emerged at 0.82, 0.825, and 0.84. A strong bearish rejection was observed near 0.822–0.824 in the early morning, but price recovered to close near the high of the session.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages both trended upward, with price consistently above the 50 MA in the final 4 hours of the session. On the daily chart, the 50-period MA appears to be a key support level, while the 200-period MA acts as a critical psychological barrier that may need to be tested.

MACD & RSI

The MACD crossed above the signal line in the early morning, confirming a bullish momentum shift. RSI peaked at 68–70 near the session high, indicating overbought conditions, though not extreme. This suggests that while the move is strong, a pullback or consolidation could be imminent.

Bollinger Bands

Bollinger Bands showed moderate volatility, with the width expanding in the last 4 hours of the session. Price closed near the upper band, signaling a strong bullish bias, though traders should watch for a potential reversion to the mean or a breakout confirmation.

Volume & Turnover

Volume surged during the 05:00–07:30 ET window, aligning with the price breakout above 0.83. Notional turnover also increased significantly during this period, indicating strong conviction among buyers. A divergence was noted in the early morning when volume declined despite a price rally, suggesting some short-term uncertainty.

Fibonacci Retracements

Applying Fibonacci to the key 15-minute swing from 0.81 to 0.843, the 61.8% level (~0.834) served as a minor resistance before the price surged to the high. Daily Fibonacci levels suggest that a retest of the 38.2% (~0.839) and 61.8% (~0.842) levels may be key in the next 24 hours.

ACMUSDT appears to be in a strong bullish phase driven by increased buying pressure and positive momentum. The next 24 hours may see a test of the 0.842–0.843 resistance cluster, with a potential pullback into the 0.836–0.838 range. Investors should monitor volume and RSI for signs of overbought exhaustion or a continuation of the upward trend. As always, volatility remains a risk, and positions should be managed accordingly.